I think one of the things that served Jim Cramer very well while he was a hedge fund manager was his mental flexibility. He could blog at 8:00AM how he loved VZ, but by the next day he could talk about how it was a piece of garbage. Many people thought he was crazy for changing his mind so quickly … Read More
Corey Rosenbloom to Appear on SMB University
Corey Rosenbloom, Certified Market Technician, from Afraid to Trade will be appearing on SMB University this Sunday at 8:30pm EST. He will be discussing the market structure of the day. Be sure to tune in!
We Are All So Different
It’s funny… we had a webinar yesterday and it demonstrated how many different ways there are to look at the markets. We are intraday traders yet there are so many distinct ways to intraday trade. Trade with the trend. Fade. Scalp. Momo trade. Swing trade. Slow movers. Stocks that sprint. Moving averages. No moving averages. Charts. Some charts. Reading the Tape. … Read More
SMB Morning Rundown – March 4, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Anthony Corporation Board of Directors
One of the most popular income options strategy is known as the high probability iron condor, which consists of a call side credit spread and a put side credit spread “facing each other” very far out of the money. For example, on January 19, 2011, at about 10:30 in the morning, the RUT Index was trading at 798. An options trader … Read More
Three Unique Traits of the Successful Trader
Seth Freudberg of the upcoming SMB Options Training wrote a recent blog on the unique traits of successful traders. stevenplace weighed in as well with his always brilliant thoughts. Seth paraphrased my answer to this question in his post and after reading my answer, I would like to offer a better answer, if that is acceptable. 1. Find the plays that … Read More
SMB Morning Rundown – March 3, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Traders Ask: Fake Order Flow?
Dear Bella, Thanks for writing your book as I’ve found it immensely useful! Regarding order flow, I’ve heard people saying that institutions and big traders place large buy orders hoping other traders bid in front of those orders. The institution will then sell those bids. In many ways it’s a game of cat-and-mouse that often goes unnoticed by new traders. … Read More